IN BRIEF: NWF full-year profit expectations higher amid good momentum
NWF Group PLC - Nantwich, England-based agricultural feed, food and fuel distributor - Says positive momentum has been sustained through to the second half of financial 2023, and forecasts the full year headline pretax profit to be ahead of current market expectations of GBP17.5 million. Now expects headline pretax profit to go over GBP19.0 million. Adds, net cash at year-end will be higher than expected due to stronger trading result and positive working capital managements. Also notes food demand continues to be "robust," and cites "solid demand" for ruminant feed.
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